HOTWORX Franchise Review 2026: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

HOTWORX fits owner-operators looking for a mature fitness concept.

✓ Strengths

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$252K - $901K

Franchise fee (Item 5)

$20K

System size (Item 20)

797 +141

Years in business

10+ yrs

Company-owned units

7

Model HOTWORX's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

719

Total units open

141 franchised outlets

Units opened last year

5 franchised outlets ceased operations

Units closed last year

+137 units

Net unit growth

2024 vs. 2023

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

4

Risks to review

3

Strengths identified

5

Questions to ask

Industry Benchmarks

How HOTWORX ranks against 155 Fitness & Wellness peers we've analyzed.

Initial investment

36th pct · of 155 peers

Franchise fee

6th pct · of 155 peers

System size

94th pct · of 155 peers

Fitness & Wellness industry averages

Avg investment

$418K - $1.0M

Avg franchise fee

$48K

Avg system size

165

Franchises analyzed

155

How HOTWORX stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
HOTWORX Disclosed $20K $252K - $901K 797
GolftecSimilar price Disclosed $45K $323K - $898K 2–5% 43
JazzerciseBiggest system Disclosed $1K $2K - $3K 20% 5,092
Next HealthTop-rated in category Disclosed $80K $1.7M - $2.3M 9% 5

Compare side-by-side ↗

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Frequently Asked Questions

How much does a HOTWORX franchise cost?

HOTWORX requires a $19,950 initial franchise fee and a total initial investment range of $252,200–$901,440, per the most recent FDD on file.

Who owns HOTWORX?

HOTWORX is franchised by Hotworx Franchising, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.

Does HOTWORX disclose financial performance (Item 19)?

Yes. HOTWORX discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.

How many HOTWORX locations are there?

As of their 2026 FDD, HOTWORX has 797 total locations, with 141 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

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